35,341 Shares in DuPont de Nemours, Inc. (NYSE:DD) Bought by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC bought a new position in DuPont de Nemours, Inc. (NYSE:DD – Get Rating) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 35,341 shares of the basic materials company’s stock, valued at approximately $2,434,000.

Several other institutional investors have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA increased its holdings in shares of DuPont de Nemours by 8.4% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 22,837,296 shares of the basic materials company’s stock worth $1,269,298,000 after purchasing an additional 1,774,531 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of DuPont de Nemours by 25.3% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 5,863,691 shares of the basic materials company’s stock worth $295,530,000 after purchasing an additional 1,183,622 shares during the period. Mondrian Investment Partners LTD bought a new position in shares of DuPont de Nemours during the 3rd quarter worth about $50,341,000. Macquarie Group Ltd. increased its holdings in shares of DuPont de Nemours by 8.7% during the 3rd quarter. Macquarie Group Ltd. now owns 7,915,513 shares of the basic materials company’s stock worth $398,949,000 after purchasing an additional 635,732 shares during the period. Finally, UBS Asset Management Americas Inc. increased its holdings in shares of DuPont de Nemours by 25.2% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 3,055,284 shares of the basic materials company’s stock worth $169,813,000 after purchasing an additional 615,398 shares during the period. Institutional investors own 71.91% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on DD. StockNews.com began coverage on shares of DuPont de Nemours in a report on Thursday. They set a “hold” rating on the stock. JPMorgan Chase & Co. began coverage on shares of DuPont de Nemours in a research report on Tuesday, December 20th. They set an “overweight” rating on the stock. Wells Fargo & Company lifted their target price on shares of DuPont de Nemours from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Wednesday, February 8th. Citigroup lifted their target price on shares of DuPont de Nemours from $82.00 to $89.00 and gave the company a “buy” rating in a research report on Wednesday, February 8th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of DuPont de Nemours from $80.00 to $82.00 and gave the company a “hold” rating in a research report on Thursday, February 9th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $81.14.

DuPont de Nemours Price Performance

NYSE:DD traded down $1.67 on Friday, reaching $67.55. The stock had a trading volume of 14,594,612 shares, compared to its average volume of 3,278,346. The company has a market capitalization of $30.96 billion, a P/E ratio of 5.67, a price-to-earnings-growth ratio of 2.12 and a beta of 1.42. DuPont de Nemours, Inc. has a 1-year low of $49.52 and a 1-year high of $78.98. The company has a quick ratio of 2.40, a current ratio of 3.02 and a debt-to-equity ratio of 0.29. The stock has a fifty day moving average price of $73.53 and a 200-day moving average price of $65.85.

DuPont de Nemours (NYSE:DD – Get Rating) last announced its earnings results on Tuesday, February 7th. The basic materials company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.10. DuPont de Nemours had a net margin of 44.54% and a return on equity of 6.45%. The company had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same period in the prior year, the business earned $1.08 earnings per share. DuPont de Nemours’s quarterly revenue was down 27.9% on a year-over-year basis. Research analysts forecast that DuPont de Nemours, Inc. will post 3.75 EPS for the current year.

DuPont de Nemours Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 15th. Stockholders of record on Tuesday, February 28th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 2.13%. This is a positive change from DuPont de Nemours’s previous quarterly dividend of $0.33. The ex-dividend date was Monday, February 27th. DuPont de Nemours’s dividend payout ratio is presently 12.08%.

DuPont de Nemours Profile

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DuPont de Nemours, Inc operates as a holding company engaged in the development of specialty materials, chemicals, and agricultural products. It operates through the following segments: Electronics & Industrial, Water & Protection, and Corporate & Others. The Electronics & Industrial segment supplies differentiated materials and systems for a broad range of consumer electronics including mobile devices, television monitors, personal computers and electronics used in a variety of industries.